New $90 Million Industrial Project Slated For 43.8-Acre Site Of Former Flea Market
The $90 million project is expected to be completed in 18 months.
Banking Veterans Michael Balan, Eric Toth Launch Asset Resolution Trust (ART) To Facilitate Swift, Confidential Sale Of Nonperforming Notes
Backed by decades of collective experience in the banking industry, Balan and Toth have recognized the need for a specialized entity focused on swiftly resolving nonperforming notes, ensuring optimal outcomes for financial institutions burdened with distressed assets.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
EDEN Living Unveils Plans For Build-to-Rent Project In Port St. Lucie’s Tradition
EDEN Living, in a joint venture with affiliates of Westport Capital Partners, just acquired a nearly 20-acre site with plans to develop 214 townhome-style units.
Resortwear Manufacturer Inks Deal For 56,000 SF
Otto Travieso of Real Capital Partners LLC represented the tenant, The Cromer Company, in the 7-year lease deal.
Newmark Arranges $91 Million Financing Of Kushner Companies, Block Capital Group’s Wynwood 27 & 28
The Newmark team was led by Jordan Roeschlaub and Dustin Stolly, Co-Presidents of Debt & Structured Finance, along with Executive Managing Directors Christopher Kramer and Nick Scribani, as well as Senior Managing Director Danny Matz from the Miami office.
Miramar Park Of Commerce Inks Leases With Two Multi-National Tenants For 26,500 SF
Representing the Park in both transactions were Ryan Goggins and Peter Apol of Sunbeam Properties and Jonathan Kingsley of Colliers. John Marshall of JLL represented one of the tenants.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
CBRE Arranges Sale Of Boutique Hotel In South Beach
A private investor purchased the 45-key property for under $15 million.
Johnson Controls Building In Jupiter Trades
C. Todd Everett, an investment specialist in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a private investor.